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Japan Times
JAPAN / EXPLAINER
Feb 17, 2009

Accelerating Toyota forced to downshift

Figures for just the past five years show how much Toyota Motor Corp. has prospered. During that period, the carmaker continued to post record sales, profits, production and sales units, ultimately taking the top of the hill from General Motors Corp.
Reader Mail
Feb 15, 2009

Model for enterprising youths

Alex Martin's Feb. 11 article, "Shoe shiner buffs his trade into fine art," is a remarkable story of determination, humility, entrepreneurialism and a sharp mind for business growth. Yuya Hasegawa has raised shining shoes to an art form. The article doesn't mention the fact that there's a definite psychological...
Japan Times
JAPAN
Feb 11, 2009

Shoe shiner buffs his trade into fine art

The chic, antique-filled interior of his store, the soft jazz playing in the background and Yuya Hasegawa's fancy suit are all there to serve a single purpose: to boost the esteem of his job.
Japan Times
JAPAN
Jan 14, 2009

Japan scores first commercial satellite order

Mitsubishi Heavy Industries has won its first commercial order to launch a satellite on an H-IIA rocket, a deal that officials hope will grow into a business that could support Japan's cash-strapped space program.
BUSINESS
Jan 10, 2009

Panasonic chops TV plant outlays

Panasonic Corp. said Friday it will slash planned capital investment in two new plants to make panels for flat-screen TVs by ¥135 billion to a total of ¥445 billion, as the global recession slows demand.
BUSINESS
Jan 7, 2009

Work-sharing could protect jobs: Mitarai

Big business needs to take every measure possible to improve the rapidly deteriorating employment conditions, and work-sharing is an option that should be considered, Japan Business Federation (Nippon Keidanren) Chairman Fujio Mitarai said Tuesday.
Japan Times
BUSINESS
Dec 9, 2008

Profits still possible with yen at 92 to dollar: Sakurai

Japanese companies can remain profitable if the yen trades around 92 to the dollar, according to Masamitsu Sakurai, head of the nations second-largest business lobby.
Japan Times
BUSINESS
Nov 19, 2008

Profits nosedive at major banking groups

Net profit at the three major banking groups fell in the six months to September amid the ongoing global economic turmoil, according to their earnings results for the first business half.
BUSINESS
Nov 15, 2008

SMFG's group net profit plunges 51%

Sumitomo Mitsui Financial Group Inc. said Friday its consolidated net profit plunged 51.2 percent from a year ago to ¥83.3 billion in the April-September half amid the ongoing global financial turmoil.
Japan Times
BUSINESS
Nov 13, 2008

Not all firms hurting in hard times

While the yen's surge and the recession may be battering the sales and profits of the country's blue-chip firms, others are making headway through the storm, posting record half-year profits even as the global financial turmoil hammers financial firms and export-driven manufacturers such as Sony Corp....
BUSINESS
Nov 7, 2008

Toyota warns full-year profit may dive 74%

Toyota Motor Corp. said Thursday its group operating profit for the full year to March will probably plunge nearly 74 percent from the previous year as the global financial crisis slows the world economy and curbs car sales in the United States and Europe.
Japan Times
JAPAN
Oct 22, 2008

TIFFCOM sets stage for dealing in content

Japanese animation and movie content have strong global pull and inspired several foreign spinoffs, but the bottom-line profits show there is room to expand.
COMMENTARY / World
Oct 18, 2008

The Russians are coming — loaded with cash

MOSCOW — Russia's government is sitting on a giant pile of cash that it plans to invest in foreign assets. The glimpse of its economic muscle was revealed when the prime minister of Iceland announced that Russia may come with about $5 billion to save its troubled economy. Who could have thought that,...
Japan Times
JAPAN / EXPLAINER
Oct 7, 2008

Survival now arcades' most pressing game

Once viewed as dens of delinquency, game center arcades are diversifying their entertainment fare, and in the process, attracting not only youths but families, high school girls, couples and video game fans.
Japan Times
BUSINESS
Sep 24, 2008

USJ turnaround artist has all the moves

If asked to name the foreign business executive who has most dramatically turned around a financially troubled Japanese corporation, Glenn Gumpel might top the list.
BUSINESS
Sep 20, 2008

Fujitsu may focus on chip design

Fujitsu Ltd. said it may focus on semiconductor design and reduce spending on machinery because the company is predicted to miss its full-year projections amid falling demand.
BUSINESS
Aug 30, 2008

Sumitomo, Barclays eye commodities alliance

Sumitomo Mitsui Financial Group Inc. is in talks with Barclays PLC on an alliance to offer commodity derivatives for companies to hedge against rising raw materials costs, the bank's commodity chief said.
BUSINESS
Aug 8, 2008

Toyota posts bleak results for quarter

Toyota Motor Corp. said Thursday it posted a 28.1 percent drop in group net profit for the April-June quarter as sales in North America, the biggest market for many Japanese carmakers, were hit hard by the U.S. economic slide.
Japan Times
BUSINESS
Aug 7, 2008

Nissan shows off prototypes of electric, hybrid vehicles

YOKOSUKA, Kanagawa Pref. — Nissan Motor Co. unveiled prototypes Wednesday of electric and gasoline-electric hybrid vehicles it plans to launch in Japan and the United States in business 2010.
Japan Times
JAPAN
Aug 6, 2008

Osaka governor rests but rough air on radar

OSAKA — After six months on the job, Osaka Pref. Gov. Toru Hashimoto will take his first extended vacation during the Bon holiday in mid-August.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat